Fashion

The ways rising oil prices will affect fashion businesses and consumers are manifold. Experts told Glossy that brands will likely see increased operational costs on international shipping and the production of plastic or plastic-derived products and components. In addition, there's set to be a damper on consumer spending as shoppers devote more of their paychecks to energy costs.

Related Coverage

• Fashion Briefing: As war engulfs the Middle East, fashion brands are already feeling impacts on stores and foot traffic
• All the ways conflict between the US and Iran could affect the fashion industry
• Fashion Briefing: Is there anything fashion can do to alleviate tariff impact?